Abner Herrman & Brock Has Cut By $402,311 Its Procter & Gamble Co (PG) Holding; 7 Analysts Are Bullish Cott (COT) Last Week

April 8, 2018 - By Martha Paddon

Cott Corporation (NYSE:COT) Logo

Among 11 analysts covering Cott Corporation (NYSE:COT), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Cott Corporation has $2000 highest and $11 lowest target. $17’s average target is 15.33% above currents $14.74 stock price. Cott Corporation had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 4 by Jefferies. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, July 25. Stifel Nicolaus maintained it with “Hold” rating and $12.0 target in Wednesday, September 27 report. Jefferies maintained Cott Corporation (NYSE:COT) on Friday, October 6 with “Hold” rating. On Wednesday, June 7 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The stock of Cott Corporation (NYSE:COT) has “Buy” rating given on Friday, August 11 by RBC Capital Markets. The company was maintained on Monday, August 3 by RBC Capital Markets. Citigroup maintained it with “Buy” rating and $19 target in Wednesday, June 8 report. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, September 5 report. The rating was maintained by BMO Capital Markets on Friday, March 2 with “Outperform”. See Cott Corporation (NYSE:COT) latest ratings:

26/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Downgrade
02/03/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $18 New Target: $19 Maintain
04/01/2018 Broker: Jefferies Rating: Hold New Target: $18.0 Maintain
13/11/2017 Broker: Jefferies Rating: Hold Old Target: $16 New Target: $17 Maintain
10/11/2017 Broker: Credit Suisse Rating: Outperform Old Target: $17 New Target: $18 Maintain
09/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $18.0 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $20.0 Maintain

Abner Herrman & Brock Llc decreased Procter & Gamble Co (PG) stake by 12.69% reported in 2017Q4 SEC filing. Abner Herrman & Brock Llc sold 4,421 shares as Procter & Gamble Co (PG)’s stock declined 15.56%. The Abner Herrman & Brock Llc holds 30,430 shares with $2.80M value, down from 34,851 last quarter. Procter & Gamble Co now has $197.72B valuation. The stock decreased 0.47% or $0.37 during the last trading session, reaching $78.43. About 8.30 million shares traded. The Procter & Gamble Company (NYSE:PG) has declined 14.03% since April 8, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

Among 25 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 1 Sell and 12 Hold. Therefore 48% are positive. Proctor & Gamble has $106 highest and $61.0 lowest target. $91.97’s average target is 17.26% above currents $78.43 stock price. Proctor & Gamble had 79 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of The Procter & Gamble Company (NYSE:PG) earned “Sell” rating by Goldman Sachs on Monday, January 9. Jefferies maintained The Procter & Gamble Company (NYSE:PG) on Tuesday, October 17 with “Buy” rating. Stifel Nicolaus maintained the shares of PG in report on Monday, September 18 with “Hold” rating. The stock of The Procter & Gamble Company (NYSE:PG) earned “Buy” rating by Jefferies on Wednesday, November 15. The firm earned “Buy” rating on Tuesday, October 3 by Jefferies. Jefferies maintained The Procter & Gamble Company (NYSE:PG) rating on Thursday, January 4. Jefferies has “Buy” rating and $104.0 target. TheStreet downgraded The Procter & Gamble Company (NYSE:PG) on Tuesday, August 4 to “Hold” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, October 27. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, July 27. On Wednesday, June 15 the stock rating was initiated by Jefferies with “Buy”.

Analysts await The Procter & Gamble Company (NYSE:PG) to report earnings on April, 25. They expect $1.00 EPS, up 4.17% or $0.04 from last year’s $0.96 per share. PG’s profit will be $2.52B for 19.61 P/E if the $1.00 EPS becomes a reality. After $1.19 actual EPS reported by The Procter & Gamble Company for the previous quarter, Wall Street now forecasts -15.97% negative EPS growth.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.07, from 0.82 in 2017Q3. It improved, as 64 investors sold PG shares while 740 reduced holdings. 118 funds opened positions while 594 raised stakes. 1.47 billion shares or 1.61% less from 1.50 billion shares in 2017Q3 were reported. Gofen Glossberg Ltd Co Il has invested 2.58% of its portfolio in The Procter & Gamble Company (NYSE:PG). Dt Partners Ltd Liability Com holds 0.5% or 34,332 shares in its portfolio. 131,850 were accumulated by Adams Diversified Equity Fund Inc. Gabelli Funds holds 358,500 shares or 0.19% of its portfolio. Moody State Bank Tru Division, a Texas-based fund reported 20,673 shares. Canandaigua National Bank & Trust reported 98,433 shares. Busey Trust has invested 2.07% in The Procter & Gamble Company (NYSE:PG). Fil Ltd reported 3.34 million shares or 0.85% of all its holdings. First Fiduciary Invest Counsel Incorporated holds 2.92% or 174,411 shares. Heritage Investors Mngmt invested in 152,014 shares. Rampart Inv Mgmt Co Ltd Com reported 31,274 shares. Buckingham Asset Mngmt Lc holds 46,838 shares or 0.9% of its portfolio. Harvey Cap Mngmt Inc holds 3,325 shares or 0.11% of its portfolio. Ibm Retirement Fund has invested 1.13% in The Procter & Gamble Company (NYSE:PG). Papp L Roy And Assocs has invested 1.35% in The Procter & Gamble Company (NYSE:PG).

Abner Herrman & Brock Llc increased Bank Of New York Mellon Corp (NYSE:BK) stake by 7,966 shares to 198,125 valued at $10.67 million in 2017Q4. It also upped Home Depot Inc (NYSE:HD) stake by 4,097 shares and now owns 75,681 shares. United Technologies Corp (NYSE:UTX) was raised too.

Since November 15, 2017, it had 0 insider purchases, and 7 sales for $6.85 million activity. $184,924 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by FergusonMchugh MaryLynn. The insider Fish Kathleen B sold $103,190. Posada Juan Fernando had sold 9,005 shares worth $739,189 on Thursday, February 15. Shares for $152,724 were sold by TASTAD CAROLYN M on Wednesday, November 15. The insider Pritchard Marc S. sold $668,179. $3.07 million worth of The Procter & Gamble Company (NYSE:PG) was sold by Schomburger Jeffrey K.

Since March 8, 2018, it had 0 insider buys, and 3 insider sales for $1.11 million activity. $557,200 worth of stock was sold by Wells Jay on Friday, March 9. Ausher Jason R had sold 5,000 shares worth $78,450. $475,200 worth of Cott Corporation (NYSE:COT) was sold by Poe Marni Morgan on Thursday, March 8.

Cott Corporation, together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. The company has market cap of $2.01 billion. The firm operates through four divisions: Water & Coffee Solutions, Cott North America, Cott United Kingdom, and All Other. It currently has negative earnings. The Company’s product lines include carbonated soft drinks, juice and juice products, energy drinks and shots, sports drinks, new age beverages, ready-to-drink teas, liquid enhancers, freezables, ready-to-drink alcoholic beverages, hot chocolate, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as clear, still, and sparkling flavored waters.

The stock decreased 0.41% or $0.06 during the last trading session, reaching $14.74. About 605,774 shares traded. Cott Corporation (NYSE:COT) has risen 19.84% since April 8, 2017 and is uptrending. It has outperformed by 8.29% the S&P500.

The Procter & Gamble Company (NYSE:PG) Institutional Positions Chart